Wall Street jumps Wednesday as inflation expectations hit the lowest level in 8 months

MARKETS TODAY Dec 20 (Vica Partners) DOW (^DJI) 33,376 (+527), S&P 500 (^GSPC) 3,878 (+57), Nasdaq (^IXIC) 10,709 (+162), Russell 2000 (^RUT) 1,776 (+28), NYSE FANG+ (^NYFANG) 4,626 (+99), Brent Crude $82.36/barrel (+$2.37), Gold $1,815/oz (-$3), Bitcoin 16.8k (-113) Session Overview All major US indices closed higher Wednesday as inflation expectations hit the lowest level … Read more

US equity markets closed higher today following four consecutive losing sessions

MARKETS TODAY Dec 20 (Vica Partners) DOW (^DJI) 32,850 (+92), S&P 500 (^GSPC) 3,822 (+4), Nasdaq (^IXIC) 10,547 (+1), Russell 2000 (^RUT) 1,752 (+13), NYSE FANG+ (^NYFANG) 4,533 (-50), Brent Crude $79.75/barrel (-$0.05), Gold $1,818/oz (+$31), Bitcoin 16.9k (+416) US Markets moderately rise Tuesday following four consecutive losing sessions US equity markets closed higher today … Read more

Indexes in decline Monday as inflation data and central bank policy continue to weigh on investors

MARKETS TODAY Dec 19 (Vica Partners): DOW (^DJI) 32,757 (-162), S&P 500 (^GSPC) 3,818 (-35), Nasdaq (^IXIC) 10,546 (-159), Russell 2000 (^RUT) 1,739 (-25), NYSE FANG+ (^NYFANG) 4,539 (-94), Brent Crude $80.25/barrel (+$1.21), Gold $1,787/oz (-$3.79), Bitcoin 16.6k (-126) Hawkish central bank commentary and current market expectations set market tone Stocks continued their decline late … Read more

U.S. stocks suffer third straight session of declines Friday as services sectors output falls to a four-month low

MARKETS TODAY Dec 16 (Vica Partners) – U.S. stocks suffer a third straight session of declines on Friday as both manufacturers and service providers reported steeper decreases in output, as weaker demand conditions, inflation and interest rate increases hit economic activity. The top performing sector today was Communication Services, declining 0.24% and the hardest hit … Read more

Dow drops 764 points as the Fed raised its estimates of how high rates may need to go to curb inflation

MARKETS TODAY Dec 15 (Vica Partners) – The major U.S. stock indexes started the week higher but fell sharply Thursday following the Feds policy meeting yesterday, as it raised its estimates of how high rates may need to go to curb inflation. In addition new retail data out today showed more than expected sales declines … Read more

Major Indices all finish lower following the Feds highly anticipated 50 basis point rate hike

MARKETS TODAY Dec 14 (Vica Partners) – Stocks gave up earlier gains and major indices faded throughout the session upon news that the Fed delivered its highly anticipated 50 basis point rate hike at the conclusion of its December policy meeting. The top performing sectors today were Heath Care, up +0.28% and Consumer Staples +0.21%. … Read more

Wall Street closes lower as U.S. producer prices increase more than expected in November

MARKETS TODAY Dec 9 (Vica Partners) – Wall Street ended lower on Friday as investors await next week’s US inflation data for November scheduled on December 13. Other than communication services all other sectors declined. The Dow Jones Industrial Average dropped 305 points. The S&P 500 was down 0.73%, and the Nasdaq down 0.70%. The … Read more

Dow, S&P 500 and Nasdaq move higher, investors embrace new jobs data that points to a slowing economy

MARKETS TODAY Dec 8 (Vica Partners) – The major stock market indexes were up today following five losing sessions. Investors embraced higher jobless claims data pointing to a slowing labor market. The best performing sectors today were Information Technology and Consumer Discretionary sectors, up 1.49% and 1.36%. Odds for a 50-basis-point hike at the mid-December … Read more